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5 Things to Know Today: Job Losses, a Sliding Loonie and Budget 2026 (Nov. 7)

  Canadian Money Brief · Saturday, November 7, 2026 Canada’s job losses stretched to a third month, the loonie took its biggest one-day hit since January, and the federal budget landed with a few items for your wallet. Here’s what to know today. 1 Canada’s job market has now lost jobs three months in a row Statistics Canada said the economy shed 4,700 jobs in October, well short of the gain of about 13,600 economists expected. The unemployment rate rose to 6.7% from 6.5%, a six-month high. That follows losses of 42,000 in August and 68,000 in September, and the country has added just 17,000 jobs over the past 12 months. Alberta lost 24,000 jobs, youth unemployment climbed to 13.7%, and average hourly wages were up only 2.2% from a year earlier. What it means for you: Wages are rising 2.2% a year while September inflation was 3.1%, so paycheques are losing ground. If your income feels less certain, this is a good week to check that your emergency fund covers three to six months of ...

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Measles Resurgence in Ontario: Protect Your Family Now

 

Ontario is witnessing a concerning resurgence of measles, a highly contagious yet preventable disease. With over 370 reported cases, including hospitalizations, the outbreak is primarily affecting unvaccinated individuals. Measles spreads through airborne droplets and can linger in the air for hours, making it one of the most infectious viruses.


Symptoms to Watch For:

  • High fever
  • Red, blotchy rash
  • Cough and runny nose
  • Red, watery eyes

How to Protect Yourself and Your Family:

1. Vaccination: Ensure everyone in your household is up-to-date with the Measles, Mumps, and Rubella (MMR) vaccine. Two doses provide near-total protection.

2. Check Immunization Records: Adults unsure of their vaccination status should consult their healthcare provider.

3.  Avoid Exposure: If you suspect measles, call your doctor before visiting to prevent spreading the virus.

4. Practice Hygiene: Regular handwashing and avoiding close contact with sick individuals can reduce risk.

Measles can lead to severe complications, especially in children and immunocompromised individuals. By staying informed and proactive, you can help curb the spread of this preventable disease.

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